Search Results for: Global payments
Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020
August 3rd, 2018
The future of shopping transactions may look a lot like Apple Pay. In-store contactless payments are predicted to reach $2 trillion by 2020, making up one-third of total transactions, according to a Monday Juniper Research report. Contactless payments will ...
How Singapore eases city traffic with contactless payments
July 20th, 2018
Taking public transportation in Singapore is a different experience than most cities around the world. Recognized for its smart-city achievements, its one of the early adopters of contactless payment technology, allowing people to tap their bank cards to pay ...
FSB: crypto-assets do not pose a material risk to global financial stability at this time
July 18th, 2018
The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, published a report delivered to the G20 Finance Ministers and Central Bank Governors on the work of the FSB and standard-setting bodies ...
EQT acquires Saxo Payments Banking Circle from Saxo Bank
July 9th, 2018
EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost EQT ...
Chinese tycoon Jack Ma’s online payments firm is now worth more than Goldman Sachs
June 11th, 2018
Chinese tycoon Jack Ma’s online payments company just raised a huge pile of cash from investors. Ant Financial said in a statement Friday that it has brought in $14 billion from Chinese and foreign investors. It plans to use ...
Global investment adviser to pay $8 million civil penalty
June 5th, 2018
The Securities and Exchange Commission announced that New York-based investment adviser deVere USA, Inc. has agreed to pay an $8 million civil penalty related to its failure to disclose conflicts of interest to its retail clients. The settlement will ...
Airlines to test consumer payments that bypass credit cards for direct sales
May 18th, 2018
Some airlines will test letting ticket buyers on their websites have an optional new way of paying that avoids the need for credit and debit cards. The world’s top airline lobbying group, the International Air Transport Association (IATA), has ...
The global online payment gateway market is expected to grow significantly
May 3rd, 2018
The global online payment gateway market is expected to grow significantly from USD 61.0 Billion in 2017 to USD 129.8 Billion in 2024 at a CAGR of 11.4%. Increasing adoption of e-commerce, a growing number of customers of online ...
Visa, MasterCard and AmEx propose a new deal for online payments
April 23rd, 2018
The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption of chip cards or getting rid of signatures, but the ...
Mobile payment expects to grow 13% globally
February 27th, 2018
In 2018, more than a third of smartphone users worldwide will use their mobile phone to pay for a purchase a physical point of sale (POS) at least once every six, eMarketer estimates. The company analysed quantitative and qualitative ...
